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20121222
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holidays to all of our troops serving overseas. we love you. you are our heros. >> she has a lot of energy. victoria jackson has always had a lot of energy. that is one of her signatures. >> that's a good way to put it. >> it's great to wake up to. >> that's right. [ laughter ] >> we have so much going on on the show this morning. if can you see behind the scenes here. john cooking up great christmas. >> dag gum great foods. coming up in 30 or 40 minutes or so i have got your best gadgets. guys, wait until the last possible minute to buy gifts for their wives and ladies in their life. coming up i will will show you some last minute ones you can go out and pick up this weekend right before christmas. >> high calorie and expensive show coming up before you. just in our newsroom of the president and family landing in honolulu, hawaii could the president's vacation come at a worse time. we are just 10 days away from falling off the fiscal cliff. there is still no deal in sight. >> don't hold your breath, folks. peter doocy joins us live from washington, d.c. with the latest. peter, any deal an
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at the nymex. we have a nice little rally. if you're long, it's looking pretty good. nymex leading the energy complex. we had the contract here go above $91. that's a two-month high for the current contract. partly we've seen a little bit of a weakening of the dollar. that has certainly helped commodities. also optimism about the fact they're getting back to work in washington to try to avert the year-end fiscal cliff situation. meantime, one of the things that's interesting is how wti nymex has performed. year-to-date it has been the worst performer with regard to its loss versus a gain on the benchmark now for the global crude of brent. because we continue to see a glut here in the u.s. of oil that's produced, and unable to get out to the rest of the market, to the global market, because of a lack of infrastructure. in fact, that brent premium for a second year has topped $15 on average for the year. we're close to $20 here. nat gas also getting a bit of a boost today. the near term forecast certainly chilly. you can see that with all of that snow that's headed towards the east coast from t
to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spend, basically. that should be in a future book, shouldn't it, to show you the way? we have to learn it again and again. >> it should. as your kids get older and my kids are at that age, it should. as a you start to see some of the school's syllabus for business classes and marketing classes, what you will learn, joe, making a profit is the last thing any of these classes want to teach. >> it's a dirty business. >> there was a time 4 or 500 years ago a middleman marked something up, that was supposed to be a bad thing. supposed to have a zero-sum game between buyer and serier and i thought we all learned about
to you? we talked about it briefly the other day with you. >> it's where to be in energy. you know, natural gas -- one of the things about natural gas which i love is that everybody kind of -- you see them come on your show and elsewhere on cnbc and they talk about this great boom that's going on in shale drilling. and i'm on the other side at this point and this is a tremendous bust in shale drilling that's going on because the price will not allow the innovations to move forward at this point. there's no demand source that's coming back into the market. >> a little better. >> there's no transport demand session coming back. >> it's better than 180. it's not what's needed for a real excitement about the fuel which is $5, $6, $7. >> so should we have a national policy to try to use more of this national gas and pump prices up and get people to do that instead of focusing on solar and hoping we'll have sun? >> yeah. by the way, i think that we should be doing both. that's really -- i think we should be doing both. but in terms of natural gas in 2012, there's been failure after failu
: this follow-up -- if you are poor, you'd have to spend a lot of energy to get enough to beat. john, connecticut. good morning. caller: good morning. i was calling to mention low- quality food and the cost of health care, but you covered well. do you think it would be more beneficial if they start doing a local farming program where they could start growing vegetables? maybe have some land with tiles and chickens, and local people could work on the farming areas and return the food to the communities as opposed to being so reliant on high-salt diets, the foods we would coin as having a long shelf life, leaving it on the shelf for six months without going bad? has the government been able to look into those programs, considering the finances involved in the program as a whole? host: thank you. a related topic -- the availability of this fresh produce is a big distraction for many. guest: there are some programs that speak directly to the point, one our farms-to-school programs, directed to help know where food is coming from and getting fresher food into the schools. in addition, we
Search Results 0 to 5 of about 6

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